Recently saw a very interesting thing, the #RWA track has taken major action again.🧐
L1 financial public chain #Pharos and #OKX wallet held a stablecoin pre-storage event, guess what? The public round was only open for 1 hour and it filled up 50 million USD! In such a bearish market environment, having this kind of appeal is really rare.
I personally put a little money into the public round, the activity is very simple:
• 100 days locked staking
• Annualized return rate 14%-16% (the underlying is RWA assets cooperated exclusively with Pharos + project party subsidies)
• Participation through OKX wallet also has exclusive airdrops
First there was a 24-hour whitelist round, then the public round sold out in 1 hour, with a total pledge of 50 million USD. This speed, to be honest, is hard to see this year.
Why is it so intense? Let's look at the background:
The background is very hardcore, Pharos was founded by the former core leadership team of Ant Group, which just completed a 44 million USD Series A financing, with a cumulative financing amount exceeding 52 million USD.
What's even more interesting is that the subsidiary of the Japanese conglomerate Sumitomo Corporation has publicly invested in a Web3 project for the first time, and it's in Pharos. You know, when traditional capital giants enter the scene, it basically endorses the RWA track.
🎯 The key point is coming! The airdrop for #Pharos can now be checked, exclusively available through OKX Wallet. Those who have interacted with the test network before, remember to quickly bind OKX Wallet.
OKX Wallet has announced as Pharos's official wallet, starting from the test network, both sides are becoming increasingly close in cooperation. Pharos seems to be doing very well in the RWA track, looking forward to further developments!
To be honest, in the current market environment, being able to quickly gather so much funding and consensus is worth paying attention to. DYOR 🙏
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